La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional
Summary
Friends of the Earth International critiques the COP26 pledge by the UK, US, and 18 other nations to end public funding for overseas fossil fuel projects by late 2022. While welcoming the inclusion of oil and gas, the organization highlights the hypocrisy of countries like the UK and US continuing domestic extraction. It further demands a transition to community-owned renewable energy in the Global South, the cessation of 'net zero' loopholes and geoengineering, and specifically calls for the UK to stop financing gas extraction in Mozambique.
Key insights
- The UK, US, and 18 other countries pledged at COP26 to stop public financing for overseas fossil fuel projects, including coal, oil, and gas, by the end of 2022, though some wealthy polluters like Japan and South Korea did not participate.
- The agreement is viewed as hypocritical because it does not prohibit the increase of fossil fuel extraction within the domestic territories of the participating countries, specifically citing the UK and US as major historical polluters that must commit to domestic phase-outs.
- A just energy transition in the Global South requires climate finance from wealthy nations and the implementation of renewable energy systems based on social ownership, community bases, energy sufficiency, and energy sovereignty, rather than privatization or extractivism.
- There is significant concern regarding the use of 'net zero' emissions, carbon emission markets, and geoengineering as 'escape routes' promoted by wealthy nations and large polluting corporations.
- The UK government is specifically called upon to stop financing gas extraction in Mozambique, a project currently being challenged in court by Friends of the Earth England, Wales and Northern Ireland, with a hearing scheduled for December 7, 2021.
Cite the original document
- APA
- FOEIAdmin (2021). La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional. Friends of the Earth International. https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/
- Chicago
- FOEIAdmin. La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional. Friends of the Earth International, 2021. https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/.
- Wikipedia
- {{cite press release |last1=FOEIAdmin |title=La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional |publisher=Friends of the Earth International |date=4 November 2021 |url=https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/ |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{foeiadmin2021cop26, author = {FOEIAdmin}, title = {{La COP26 pone fin al financiamiento de combustibles fósiles: una medida bienvenida, pero hipócrita, ya que los países siguen sin actuar a nivel nacional}}, publisher = {Friends of the Earth International}, year = {2021}, month = nov, url = {https://www.foei.org/es/la-cop26-pone-fin-al-financiamiento-de-combustibles-fosiles-una-medida-bienvenida-pero-hipocrita/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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